Airbnb CEO Brian Chesky has discussed with Spotify CEO Daniel Ek the prospect of going public without selling new shares, and the travel company has studied the issue, Recode reported Monday. Spotify took the unusual route earlier this year of going public via “direct listing.” There are many benefits to a direct listing that has enticed Airbnb for years, which we’ve laid out previously :...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Briefing Media/Telecom Apple
Apple’s Blissful Ignorance on App Store Profits
If Apple executive Phil Schiller is to be believed, Apple executives don’t know whether the App Store is profitable. That subject “doesn’t come up” in internal Apple discussions, Schiller testified today at the Epic-Apple trial. This is a business that by some estimates generates between $10 billion and $12 billion in annual profits for Apple—nearly 20% of its total profit—and executives don’t...
In Epic Trial, Apple’s Phil Schiller Says He has Limited Awareness of Apple’s Antitrust Problems
Amazon Extends Ban on Selling Facial Recognition to Police
Google I/O: Android Changes, AI Advances
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
As SPAC Market Unravels, Startups Seek Alternatives
Warner-Discovery Deal Talks Thrust John Malone and David Zaslav Into Spotlight
Airbnb Confronts Tighter Rules on Rentals as Pandemic Ebbs
News Analysis Apple
Midway Through Apple-Epic Trial, Apple Maintains Its Advantage
App developers are rooting for Epic Games to win its court battle against Apple. Yet some prominent developers told The Information they have grown concerned that the ongoing antitrust trial between Apple and Epic could hurt their own efforts to take on Apple and redefine who controls the economics of consumer apps.